Chris Ciovacco

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Can the Fed Vault the SP 500 Over 1,291?

  Published 26 January 2011 | viewed 0 times

  It was refreshing to see the more respectful atmosphere at last night's State of the Union address, especially when compared to the partisan, and almost…

• Monitoring the 'Risk Trade' with the Gold/Silver Ratio

  Published 21 January 2011 | viewed 0 times

  The gold/silver ratio is not just for gold bugs; it can help us monitor the appeal of the 'risk on' trade relative to the 'risk…

• Stocks Appear Attractive Over Next 6-to-12 Months

  Published 19 January 2011 | viewed 0 times

  Our market models at CCM continue to paint a positive outlook for stocks, and risk assets in general, over the next twelve months. Positive fundamental…

• Bullish Sentiment Could Dampen Stock Rally

  Published 14 January 2011 | viewed 0 times

  After the close on December 20 with the S&P 500 standing at 1,247, we performed an analysis which led to the conclusion bullish stock market…

• QE2 and Stock Market Breadth Still Question the 'Smart Money'

  Published 05 January 2011 | viewed 0 times

  The 'smart money' has been calling for a correction for over six weeks now, often citing extended sentiment to build their case. We looked at…

• SP500 Eyes 1,313 and 1,326 in 2011

  Published 04 January 2011 | viewed 0 times

  While Monday's ISM Manufacturing Index came in near expectations, it was the highest reading since May 2010. Production showed healthy gains moving from 55 to…

• 2010 Challenges Met; SP 500 1,256 Now Cleared

  Published 03 January 2011 | viewed 0 times

  Looking at full-year 2010 returns in hind sight, it may appear as if 2010 was an easy year to make money. Those who are honest…

• 2011: Housing, Jobs, Stocks, Commodities, and Dollar

  Published 31 December 2010 | viewed 0 times

  As the global economy shows continued signs of a sustainable economic recovery, there are two notable areas lagging behind; employment and housing in the United…

• Update: 2011 Outlook for Commodities Remains Positive

  Published 30 December 2010 | viewed 0 times

  Given a basket of commodities, as measured by the CRB Index, is up a healthy 9.72% this month, it may be a good time to…

• Breadth/Fed Stimulus Encouraging to Bulls

  Published 28 December 2010 | viewed 0 times

  The disappointing housing news of December 28, 2010 gives the Fed more cover to complete the full allotment of QE2 bond purchases, which in turn…

• 2011 Stock Market Outlook and Video Part 2 of 2

  Published 24 December 2010 | viewed 0 times

  As we kick off 2011, there are plenty of things for investors to worry about, including budget imbalances in developed nations, high levels of bullish…

• Stock Market Sentiment Not A Barrier To Further Gains

  Published 22 December 2010 | viewed 0 times

  There are currently several reasons to be concerned about the stock market, from debt problems in Europe to slowing technical momentum. However, if investor sentiment…

• Dollar's Rally Still Concerning for Stocks and Commodities

  Published 18 December 2010 | viewed 0 times

  As we head into the final two trading weeks of the year, the U.S. Dollar Index has completed two of the three steps typically associated…

• Risk Assets Responding to Quantitative Easing

  Published 16 December 2010 | viewed 0 times

  With even the 'new normal' crowd upgrading their economic forecasts for 2011, the Federal Reserve prepared to fully implement QE2, and Ben Bernanke leaving the…

• Dollar's Rally Looks Tired

  Published 10 December 2010 | viewed 0 times

  On November 10th, using data from the November 9th close, we mentioned concerns relative to short-term reversals in some currencies, precious metals, and the VIX.…

• Outlook for Commodities Remains Positive

  Published 08 December 2010 | viewed 0 times

  With news of a compromise on extending the Bush tax cuts, recent strength in the U.S. dollar, and signals from China it may raise interest…

• Well-Positioned Sector ETFs for 2011

  Published 03 December 2010 | viewed 0 times

  In a recent Bloomberg article, S&P 500 to Defy 'New Normal' and Rally, money manager Brian Barish of Cambiar Investors made a few important comments…

• Monitoring the Bull and QE's Effectiveness

  Published 02 December 2010 | viewed 0 times

  As we have stated many times, one of the primary objectives of the Fed's quantitative easing (QE) policy is to attempt to reinflate asset prices…

• Four Ways to Monitor the Dollar and Risk Trade

  Published 30 November 2010 | viewed 0 times

  With European debt markets getting little relief thus far from the Ireland bailout, we need to keep a continued eye on the U.S. dollar. A…

• Moving Averages May Tame SP 500 Decline

  Published 26 November 2010 | viewed 0 times

  With the information we currently have in hand, we would expect any corrective activity in stocks to look more like 2009 than 2010. The rally…